lauralea

ABC Bullish

Long
lauralea Updated   
CBOT:ZM1!   Soybean Meal Futures
Possible stop below C.

The target is D.

Targets calculated using the AB leg.

The Auto Fib Retracement tool on here can come in handy for this pattern and can nail C.

This is not to long entry level which is over the resistance of the last swing up.

No recommendation
Comment:
RSI Market Structure Indicator is also good for helping smooth waves out
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